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Question

Difficulty: MediumExplicit and Fact-Based Information Extraction

Read the following passage carefully:

"In March 2026, the Ministry of Mines notified the National Critical Minerals Recycling Framework to strengthen domestic resource security. Under the guidelines, recycling facilities processing e-waste and lithium-ion batteries are eligible for a 15% capital subsidy, provided they achieve a minimum recovery efficiency of 85% for cobalt and nickel. The subsidy is exclusively applicable to facilities established in designated industrial corridors after April 1, 2026. Furthermore, state-owned enterprises and private units operating without foreign direct investment (FDI) qualify for an additional performance incentive of 5%, whereas units using imported untreated black mass are strictly excluded from receiving any fiscal benefits under the scheme."

Based on the passage provided, which of the following conditions must a recycling facility satisfy to qualify for the 15% capital subsidy?

  1. Achieve an 85% recovery efficiency for cobalt and nickel, be located in a designated industrial corridor, and be established after April 1, 2026.Answer
  2. B
    Operate without foreign direct investment (FDI) as a mandatory prerequisite for the basic 15% capital subsidy.
  3. C
    Utilize imported untreated black mass to process lithium-ion batteries and e-waste efficiently.
  4. D
    Be established in any industrial zone before April 1, 2026, and achieve an 85% recovery efficiency across all critical minerals.

Answer

Achieve an 85% recovery efficiency for cobalt and nickel, be located in a designated industrial corridor, and be established after April 1, 2026.
The correct answer accurately reflects the explicit criteria outlined in the text: achieving at least 85% recovery efficiency for cobalt and nickel, and establishment after April 1, 2026 in a designated industrial corridor.

Step-by-Step Solution

1
Identify the target statement in the question stem
The target is to find the explicit criteria required to receive the 15% capital subsidy.
Explicit fact extraction questions require locating exact conditions stated in the text.
2
Scan the passage for terms related to '15% capital subsidy'
The text mentions two key conditions for the 15% subsidy: achieving at least 85% recovery efficiency for cobalt and nickel, and establishment in designated industrial corridors after April 1, 2026.
These details directly define the scope of eligibility for the basic capital subsidy.
3
Compare candidates against passage modifiers and exclusions
Operating without FDI applies only to the extra 5% incentive, imported black mass excludes facilities entirely, and establishment before April 1, 2026 is ineligible.
Distinguishing conditions for basic subsidies versus additional incentives or disqualifications prevents factual misreading.

Key Concept

Explicit Fact Extraction and Condition Verification
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Topics

Explicit and Fact-Based Information Extraction

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